Determine annual growth rate between given years
House was valued at $120,000 in year 1987. Value appreciated to $175,000 by year 2003.
A) Determine annual growth rate between 1987 and 2003?
B) Determine the correct answer to part A written in percentage form?
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House was valued at $120,000 in year 1987. Value appreciated to $175,000 by year 2003. Determine annual growth rate between 1987 and 2003?
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